New Home Sales Hit 11-Month High
Home Improvement Spending Reaches Record Levels
Rising equity and a longer length of homeownership have spurred a boost in remodeling activity.
Remodeling and repair spending expected to increase by 5.1% in 2019.
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 National Association of Realtors® (NAR), Existing-Home Sales, February 2019.
 U.S. Census Bureau, Monthly New Residential Sales, February 2019.
 U.S. Census Bureau, Monthly New Residential Construction, February 2019.
 National Association of Home Builders (NAHB) Wells Fargo Housing Market Index (HMI), March 2019.
 CoreLogic®, a data and analytics company, Economic Outlook: March 2019.
 Harvard Joint Center for Housing Studies, January 2019.